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Apartments Under $500 in Austin, TX

1 - 9 of 9 Results
12
3D Tour
Sleek & Contemporary Austin Home with a Private Outdoor Oasis Apartment for rent in Austin, TX
Sleek & Contemporary Austin Home with a Private Outdoor Oasis Apartment for rent in Austin, TX
$499
PER
ROOM
Sleek & Contemporary Austin Home with a Private Outdoor Oasis
Deal
8000 Forbsdale Dr Austin, TX
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
13
3405 Helms St Apartment for rent in Austin, TX
3405 Helms St Apartment for rent in Austin, TX
$ Ask - 1,450
3405 Helms St
Austin, TX
1 BR | Aug. 15, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
7
4619 N Interstate Hwy Apartment for rent in Austin, TX
4619 N Interstate Hwy Apartment for rent in Austin, TX
$454
4619 N Interstate Hwy
Austin, TX
1 BR | Ask for Availability
Contact
7
4619 N Interstate Hwy Apartment for rent in Austin, TX
4619 N Interstate Hwy Apartment for rent in Austin, TX
$429
4619 N Interstate Hwy
Austin, TX
Studio | Ask for Availability
Contact
0
2408 Leon St Apartment for rent in Austin, TX
$ Ask - 3,600
2408 Leon St
Austin, TX
4 BR | Aug. 8, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
3
4805 Rustown Dr Apartment for rent in Austin, TX
4805 Rustown Dr Apartment for rent in Austin, TX
$500
4805 Rustown Dr
Austin, TX
1 BR | Available Now
Contact
House
Air Conditioning
Dishwasher
0
607 Elmwood Pl Apartment for rent in Austin, TX
$ Ask - 5,500
607 Elmwood Pl
Austin, TX
4 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
University of Texas
11
Davies Ranch Apartment for rent in Austin, TX
Davies Ranch Apartment for rent in Austin, TX
$ Ask - 2,340
Davies Ranch
12113 Dessau Road Austin, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
19
3500 Westlake Apartment for rent in Austin, TX
3500 Westlake Apartment for rent in Austin, TX
$ Ask - 2,025
3500 Westlake
3500 North Capital Of Texas Highway Austin, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1 - 9 of 9 Results
  1. Home
  2. Austin
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Austin, TX on Rentable.co?

There are 9 apartments under $500 in Austin currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Austin?

Rentable.co has 18 studio apartments under $500 available for rent in Austin.

How many one-bedroom apartments under $500 are available in Austin?

Rentable.co has 210 one-bedroom apartments under $500 available for rent in Austin.

How many two-bedroom apartments under $500 are available in Austin?

Rentable.co has 156 two-bedroom apartments under $500 available for rent in Austin.

Can I afford a apartment under $500 in Austin, TX?

To comfortably afford a apartment under $500 in Austin based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Austin, TX?

  1. Market District
  2. The Drag
  3. Triangle State
  4. North University
  5. Sweetbriar

Apartments Under $500 in Austin, TX: March Rental Information

Welcome to the "Apartments Under $500 in Austin, TX" report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 key findings and figures for affordable apartments in Austin.
Our experts analyze the inventory trends for apartments under $500 — overall market rent distribution, availability by bedroom count, and month-over-month comparisons — in Austin and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for affordable apartments under $500 in Austin. Whether you are a student, young professional, or anyone looking for a budget-friendly option, this report is here to help you find the best rental deals in Austin, TX.
0 115 230 345 460 <$900 $940 $1,020 $1,100 $1,180 $1,260 $1,340 $1,420 $1,500 $1,580 $1,660 $1,740 $1,820 $1,900 $1,980 $2,060 $2,140 $2,220 >$2,300

Available Apartments Under $500: Austin vs. Surrounding Areas

Austin, TX
36
The chart above shows the number of available apartments under $500 in Austin, TX and its surrounding cities as of March 2025. In Austin, there are a total of 54 apartments available in this price range. The chart also includes the number of available apartments in the surrounding cities, such as San Marcos, Niederwald, Bastrop, Kyle, Taylor, Lago Vista, The Hills, Lakeway, Pflugerville, Leander, Lockhart, Buda, Georgetown, West Lake Hills, Cedar Park, Wimberley, Round Rock, Del Valle, Elgin, Hutto, Manor, Dripping Springs, Manchaca, Spicewood, Bee Cave, and Liberty Hill. This information provides prospective renters with an overview of the rental market for affordable apartments in the Austin metro area.

Apartments Under $500 Now vs. Last Month: Austin and Surrounding Areas

City Apartments Under $500 in March M/M % Change
Austin, TX 37 +0.95%
San Marcos, TX 1 +1.0%
Bastrop, TX 1 +0.4%
Buda, TX 1 +1.0%
Georgetown, TX 1 -1.5%
Round Rock, TX 1 +1.0%
Hutto, TX 1 +1.0%
Taylor, TX 1 -1.0%
Cedar Park, TX 0 0.0%
Spicewood, TX 0 +1.0%

Looking for Apartments Under $500 in Austin?

Available apartments under $500 393
Top amenities Dishwasher, Refrigerator, Range / Oven, Microwave, Smoke Free Community
Deals 1
Pet friendly 4
Utilities included 1
1 Bedroom 18
2 Bedroom 19
3 Bedroom 10
Square footage 527 - 1,670

Where are Austin Apartments Under $500?

Top Neighborhoods Market district, The drag, Triangle state, North university, Sweetbriar
Market District 3
The Drag 3
Triangle State 2
North University 2
Sweetbriar 1
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